CL Crude Oil Futures Daily Chart Analysis: 2026-Jun-04 07:01 CT

Price Action

• Last: 94.86,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 35%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: 10%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 135%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 97.00,
• 4. Pvt. Next: Pvt Low 86.86,
• 5. Levels R: 110.12, 106.69, 105.21, 97.00,
• 6. Levels S: 86.35, 84.42, 74.73, 72.69, 61.91.

Daily Benchmarks

• (Short-Term) 5 Day: 91.64 Up Trend,
• (Short-Term) 10 Day: 93.20 Up Trend,
• (Intermediate-Term) 20 Day: 94.98 Up Trend,
• (Intermediate-Term) 55 Day: 89.43 Up Trend,
• (Long-Term) 100 Day: 78.00 Up Trend,
• (Long-Term) 200 Day: 64.53 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 04 Jun 2026: Long CL 07-26 @ 95.16 Signals.USAR-MSFG
• 01 Jun 2026: Long CL 07-26 @ 94.17 Signals.USAR.TR120
• 01 Jun 2026: Long CL 07-26 @ 89.73 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

Crude Oil futures are holding a higher-timeframe uptrend while the daily chart shows a sharp pullback from the early-May swing high near 105.21 and the prior spike toward 110.12. Price is still trading above the weekly, monthly, and yearly session fib midlines, which keeps the broader structure constructive even as the intermediate swing pivot trend remains DTrend. The daily benchmark stack is supportive overall, with all key moving averages trending up, and the recent long signals across WSFG, TR120, and MSFG confirm that the chart remains in a trend-continuation regime after the June retracement. Near term, the action looks like a volatile pause after an extended rally, with large candles and fast momentum reflecting active rotation between breakout attempts and retracement legs, while support zones remain clustered in the mid-80s and upper-70s below current price.